What is Trial Balance?
Answer Posted / srinivas annavarapu
Trial balance is a statement of the list of Existing
accounts in a particular business for a particular period
which shows the closing balances in respective colour
(debit & credit).
It also indicates the arithmatical accuracy of the accounts
maintained.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What are the disadvantages of debentures?
What does wacc mean?
what is equity funding?
What do you mean by SARFAESI Act?
What do you mean by crr & slr rate?
What do you know about PACs?
What are the threats to internet security?
What are money-back policies?
How important is the service sector for the economy?
When should banks not pay the cheque?
What do you mean by return on capital employed? What does it indicate?
What is composite cost of capital? Explain the process to compute it?
What do you mean by FDI?
How do credit card companies/ banks make money? What is the main source of making money?
What is 'contingency fund'?